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Showing 121 - 130 of 130 results for "Shopping centres"

AMP to lose $3.4 billion in managed assets after LPT takeovers

... ART portfolio." AMP Henderson will retain management rights to around 60 per cent of the current value of the shopping centres in the ART portfolio, reflecting an agreement reached today between Westfield Trust and AMP Life. Meanwhile, Stockland has ...

MCS launches first international portfolio after NZ acquisition

MCS Property has launched its first international portfolio of retail shopping centres with the release of MCS20 (International No.1) and acquisition of its second centre in New Zealand, it has announced. MCS has contracted to purchase stages 2, 3 and ...

Moody's may downgrade ART following Westfield takeover offer

... see the emergence of a very significant retail portfolio comprising high quality regional and super-regional shopping centres.

Westfield offers $1.9 billion cash for AMP Shopping Centre Trust

... income gains can be achieved." Upon completion of the bid and intended asset sales, Westfield Trust's interest in shopping centres in Australia and New Zealand would increase from 42 to 48, with a total value of $11.5 billion. "Our preliminary analysis ...

AMP Life to appeal Takeovers Panel decision

... Panel to make a declaration of 'unacceptable circumstances' and orders preventing ART's interests in five major shopping centres being bought out solely because AMP Henderson Global Investors is removed as responsible entity of ART following a successful ...

Centro hails Takeovers Panel victory on ART

... from exercising any pre-emptive rights over the interest held by AMP Shopping Centre Trust (ART) in five major shopping centres. The panel had ruled that the uncertainty concerning whether the pre-emptive rights will be triggered if AMP Henderson Global ...

Takeovers Panel defers decision on Centro bid for ART

... it emerged that a successful bid could trigger pre-emptive co-ownership rights related to some of the regional shopping centres within the portfolio. Centro is challenging this assertion and this week accused AMP directors of having "conflicts of interests" ...

Centro takes AMP to Takeovers Panel over Shopping Centre Trust

... co-ownership agreements that would effectively allow AMP Life to acquire the interests in the "super regional" shopping centres in which ART has holdings. Centro contests that the deal would not trigger these rights, allowing it to proceed with the bid. ...

Stockland completes $285 million raising to fund acquisitions

... pour the proceeds of the issue into units of the AMP Diversified Property Trust, the proposed acquisition of two shopping centres in Queensland for $112 million, a residential development property at Point Lonsdale in Victoria, and a 25 per cent interest ...

Centro announces strong retail sales for February

... property portfolio returned 5.1% in February, in line with results from its overall managed portfolio. Centro's shopping centres have continued during February to generate strong retail sales growth of more than 5%," said Andrew Scott, chief executive ...